Leadership
US: Nasdaq notches record high close, traders look to Fed meeting
[BENGALURU] The Nasdaq notched a record high close on Friday (Sep 12) in a mixed trading session, lifted by Microsoft as investors looked ahead to the Federal Reserve’s policy...
OpenAI wants to create a public benefit corporation. What does that mean?
The company has faced pushback, including from early backer Elon Musk, on the moveAFTER months of back-and-forth with regulators and stakeholders, OpenAI said it is getting closer to converting...
China’s credit expansion slows on weak demand, slower bond sales
China has been struggling to overcome the collapse of demand for borrowing linked to the property sector[BEIJING] China’s credit growth slowed from a year ago in August with its...
Singapore boards are unprepared for future complexities: Piyush Gupta
Their role transcends beyond being a ‘policeman’, he says; they also need to be a ‘navigator’ and ‘shepherd’[SINGAPORE] Many corporate boards are largely unprepared for future complexities, said former...
CEO egos must be kept in check to prevent them from becoming ‘emperors’: Ho Ching
Ho is conferred SID’s honorary fellowship in recognition of her ‘distinguished contributions to corporate governance and stewardship in Singapore’[SINGAPORE] The top business leaders typically display a self-confidence that is...
JPMorgan postpones ECB rate cut forecast to December after policy meeting
JPMORGAN now expects the European Central Bank to lower interest rates in December this year compared to its prior forecast of a quarter-point cut in October after the central...
Asia: Stocks surge into weekend with US rate cut ‘seemingly locked in’
ASIAN markets surged again on Friday, tracking record highs across Wall Street, after US inflation and jobs data all but set in stone a Federal Reserve interest rate cut...